2311 Asheville Dr, Springfield, IL, 62711 | $592/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Springfield at 2311 Asheville Dr, Springfield, IL, 62711 uses $79,527 cash to close to unlock $7,106/yr annual cash flow and $592/mo monthly cash flow. Total monthly income runs $2,256/mo, and a $1,174/mo payment keeps the spread at $592/mo. Purchase price stands at $239,900, and rental yield measures 11.28% with $2,256/mo rent. Return on cash invested shows 28.84% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 151.79% and total cumulative return in cash records $120,715. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,256/mo property income covering a $1,174/mo payment rather than investor’s personal income.

Single Family

Built in 2009

7,463 sqft lot

$N/A/sqft

No HOA